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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: Timer321   😊 😞
Number: of 4460 
Subject: After WW II
Date: 09/22/25 10:44 PM
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After WW II, the British and French were economically drained and steeped in debt. They were bankrupt.

We are the old power steeped in debt. So is China steeped in debt.

We could make this work, but there is no public support in the light of day that supports tax increases.

We do not need less debt. We need to grow our economy at a much faster pace to reduce the instability of the debt. The debt-to-real GDP ratio needs to come down for the next three decades. We are not prepared to do this.

You've heard me. I will reiterate, a corporation either gives it to the taxman or the corporation reinvests. Other loopholes are designed to incentivize. At around 50% corporate tax rates, we have very robust growth.

Would have, could have, should have.
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